article 9 default

(a) the passing of a resolution for the voluntary winding up of an authorised insurance company within the meaning of section 3 of the Policyholders Protection Act 1975 in circumstances falling within section 5(1)(a) of that Act;

(b) the making by the court of an order for the winding up of such a company in accordance with section 5(1)(b) of that Act;

(c) the appointment of a provisional liquidator in the circumstances falling within section 15 of that Act in respect of such a company;

(d) such a company becoming a company in financial difficulties within the meaning of section 16 of that Act;